The Fed is going to cause ‘unbelievable calamities’ if they keep hiking, according to Barry Sternlicht

The Federal Reserve’s aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities if they keep up...

https://www.hellenicshippingnews.com/the-fed-is-going-to-cause-unbelievable-calamities-if-they-keep-hiking-according-to-barry-sternlicht/